Notices
 Last Revised Date: 06 November 2020

Notice 827 Unsecured Credit Facilities to Individuals

Requirements for finance companies when granting an unsecured non-card credit facility to an individual.

Issued pursuant to:

Finance Companies Act (Cap. 108) section 30

Applies to: Finance Company
View Notice Notice 827 Unsecured Credit Facilities to Individuals (229.3 KB)

This notice applies to all finance companies in Singapore. It sets out the requirements a finance company has to comply with when granting an unsecured non-card credit facility to an individual.

See explainers:

Amendment Notes

09 November 2020
MAS Notice 827 (Amendment No.2) 2020  (236.1 KB)dated 06 November 2020 takes effect.

06 May 2020
MAS Notice 827 (Amendment) 2020 (467.5 KB) dated 05 May 2020 takes effect.
01 Jun 2017
MAS Notice 827 (Amendment) 2017 (209.9 KB) dated 30 May 2017 takes effect.

01 Sep 2015
Subparagraphs (b), (c), (d) and (q) of paragraph (2) of MAS Notice 827 (Amendment) 2015 dated 27 May 2015 (54.7 KB) takes effect.
01 Jun 2015
MAS Notice 827 (Amendment) 2015 dated 27 May 2015 (54.7 KB), with the exception of subparagraphs (b), (c), (d) and (q) of paragraph (2), takes effect. MAS Notice 827 last revised on 27 May 2015 (227.2 KB).

01 Dec 2013
MAS Notice 827 dated 29 Feb 2013 takes effect.
01 Dec 2013
MAS Notice 827 dated 25 Feb 2009 is cancelled.